DJIA Market Happenings For Wednesday, March 27, 2024 – Disney (DIS) 119.93 Up +32.8% YTD

Dow stocks hitting 52-week highs include Disney (DIS) 119.93 (+0.48%). There are no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +167 points.

Tuesday the Dow closed down -31.31 (-0.08%) at 39,282.33.

Year-to-date the Dow is up +4.23%.

Tuesday, (12) Dow stocks were up, none made 52-week lows and (1) made 52-week highs.

The Dow stock winners Tuesday were led by UnitedHealth (UNH) 492.31 (+1.32%), Honeywell (HON) 201.00 (+1.27%) and Disney (DIS) 119.93 (+0.48%).

The Dow stock losers Tuesday were led by 3M (MMM) 102.63 (-2.11%), Boeing (BA) 187.50 (-2.04%) and Nike (NKE) 92.58 (-1.25%).

The VIX closed Tuesday at 13.24 (+0.38%) and the 10 YR at 4.230 (0.00%). The VIX is currently at 13.16 (-0.23%). The 10YR is at 4.258 (+0.19%).

Nothing much happening today, but tomorrow we get data on jobless claims, gross domestic product and consumer sentiment.

Markets are closed Friday for the Good Friday holiday.

Merck (MRK) shares were up more than 4% in the premarket after the Food and Drug Administration approved on Tuesday the use of Winrevair, a drug aimed at treating adults with pulmonary arterial hypertension.

U.S. futures are higher, European stocks are mostly higher and Asian markets ended mostly higher.

The national average price of gasoline is up two-tenths of a cent at $3.535 per gallon.

Earnings Reports

Nike (NKE) reported earnings on 3/21/24 after the market close with $0.98, beating estimates of $0.691 per share.

JPMorgan (JPM) reports earnings on 4/12/24 before the market open.

Goldman Sachs (GS) reports earnings on 4/15/24 before the market open.

Johnson & Johnson (JNJ) reports earnings on 4/16/24 before the market open.

UnitedHealth (UNH) reports earnings on 4/16/24 before the market open.

Travelers (TRV) reports earnings on 4/17/24 before the market open.

American Express (AXP) reports earnings on 4/19/24 before the market open.

Procter & Gamble (PG) reports earnings on 4/19/24 before the market open.

Verizon (VZ) reports earnings on 4/22/24 before the market open.

Today’s Featured Dow Stock

Disney (DIS)

Disney (DIS) 119.93 (-0.48%) is up +32.8% in 2024.

Financial Calendar

07:00 AM ET MBA 30-Year Mortgage Rate, 6.97%
07:00 AM ET MBA Mortgage Applications (WoW), -1.6%
07:00 AM ET MBA Purchase Index, 146.0
07:00 AM ET Mortgage Market Index, 198.2
07:00 AM ET Mortgage Refinance Index, 468.4
10:30 AM ET Crude Oil Inventories, -1.000M, -1.952M
10:30 AM ET EIA Refinery Crude Runs (WoW), 0.127M
10:30 AM ET Crude Oil Imports, -0.947M
10:30 AM ET Cushing Crude Oil Inventories, -0.018M
10:30 AM ET Distillate Fuel Production, 0.128M
10:30 AM ET EIA Weekly Distillates Stocks, 1.000M, 0.624M
10:30 AM ET Gasoline Production, -0.263M
10:30 AM ET Heating Oil Stockpiles, 0.486M
10:30 AM ET EIA Weekly Refinery Utilization Rates (WoW), 1.0%
10:30 AM ET Gasoline Inventories, -1.800M, -3.310M
13:00 PM ET 7-Year Note Auction, 4.327%
18:00 PM ET Fed Waller Speaks

Both comments and pings are currently closed.

Comments are closed.